+91-22-48913909ICICI Bank RD Interest Rates 2025
A Recurring deposit is an investment cum savings option for those who want to save regularly over a certain period of time and earn a higher interest rate. It is a type of term deposit which allows one to save a fixed amount of money every month systematically. If you are familiar with SIP in Mutual Funds, RD works similarly in banking. Every month, a fixed amount of money is deducted either from a savings or a current account. And, at the end of the maturity, investors are paid back their invested money with accrued interest.
A user willing to open an RD account with ICICI Bank can choose any amount and term according to your convenience.
ICICI Bank RD Interest Rates 2025
ICICI Bank Recurring Deposit Rate of Interest (%p.a.) tenure wise.
| Maturity Period | General | Senior Citizen |
|---|---|---|
| 6 months | 4.75% | 5.25% |
| 9 months | 5.50% | 6.00% |
| 12 months | 6.60% | 7.10% |
| 15 months | 7.00% | 7.50% |
| 18 months | 7.00% | 7.50% |
| 21 months | 7.00% | 7.50% |
| 24 months | 7.00% | 7.50% |
| 27 months | 7.00% | 7.50% |
| 30 months | 7.00% | 7.50% |
| 33 months | 7.00% | 7.50% |
| 36 months | 7.00% | 7.50% |
| Above 3 years upto 5 years | 7.00% | 7.50% |
| Above 5 years upto 10 years | 6.90% | 7.50% |
Above 5 years upto 10 Years margin for SRC has been changed on 0.60%
Subject to revision without further notice.
Talk to our investment specialist
ICICI Bank RD Account Penalty on Delayed Installment
If there is an delay in installments then a penalty is charged at monthly interest at the rate of INR 12 per INR 1000. Fraction of a month will be treated as full month for the purpose of calculating such interest. The total interest chargeable shall be recovered from the total amount of interest payable at the time of maturity.
ICICI Bank RD Account Premature Withdrawal
On pre-mature withdrawal of the Recurring/iWish deposits penalty will be levied on the rate applicable as per the table below:
Interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.
| Original Tenure of Deposit | Less than INR 5.0 crore | INR 5.0 crore & above |
|---|---|---|
| Less than 1 year | 0.50% | 0.50% |
| 1 year & above but less than 5 years | 1.00% | 1.00% |
| 5 years and above | 1.00% | 1.50% |
ICICI Bank RD Calculator
A Recurring Deposit calculator is a good way of calculating maturity amount on RD. You can follow this method to estimate your RD amount on maturity.
Illustration-
| RD Calculator | INR |
|---|---|
| Monthly Deposit Amount | 500 |
| RD in month | 60 |
| Rate of Interest | 7% |
| RD Maturity Amount | INR 35,966 |
| Interest Earned | INR 5,966 |
Investment Amount:₹180,000 Interest Earned:₹21,474 Maturity Amount: ₹201,474RD Calculator
Types of Recurring Deposit Offered by ICICI Bank
Currently, ICICI bank is Offering two types of RD accounts-
1. Delightful Deposits
Buying latest gadgets, or pieces of designer jewellery is now easy. Delightful Deposits, which is a types of RD account helps you to save systematically every month for other luxuries. Also you get to experience attractive top-up offers from partners like Tanishq, Croma, Thomas Cook and more.
2. iWish – Flexible Recurring Deposit
It is a type of RD account offered by ICICI bank that doesn't charge any penalties for missed instalments. You can start with small amounts and experience the advantage of goal-based savings.
ICICI Bank RD Interest Rates for iWish
Tenure wise RD Interest Rates (% p.a.) for iWish:
| Tenure/Maturity Period | General | Senior Citizen |
|---|---|---|
| 6 months | 4.75% | 5.25% |
| 7 months - 9 months | 5.50% | 6.00% |
| 10 months - 11 months | 5.75% | 6.25% |
| 12 months only | 6.60% | 7.10% |
| 13 months < 15 months | 6.60% | 7.10% |
| 15 months < 18 months | 7.00% | 7.50% |
| 18 months - 24 months | 7.00% | 7.50% |
| 25 months - 3 years | 7.00% | 7.50% |
| 37 months - 5 years | 7.00% | 7.50% |
| 5 year 1 day - 10 years | 6.90% | 7.50% |
Subject to revision without further notice.
ICICI BanK RD Account Features
ICICI bank RD accounts offer unique feature to the customers-
Minimum Balance
A user can deposit a minimum of INR 500 per month and thereafter, deposit in multiples of 100.
Nomination
One can nominate a single nominee to the RD account, whether held solely or jointly. To avail the nominee option, applicants are required to fill a form prescribed under the Banking Companies (Nomination Rules), 1985.
Period of Deposit
A user can make deposits for a minimum period of six months and thereafter in multiples of three months. The maximum tenure of Recurring Deposit would be of 10 years.
Also, one can avail loan against ICICI RD deposit.
Documents Required to Open ICICI RD Account
Identity Proof
Address Proof
- Passport
- Telephone bill
- Electricity bill
- Bank statement with Cheque
- Certificate/ ID card issued by Post Office
Any other Identity proof or Address proof document can be submitted, subject to the Bank's satisfaction.
Eligibility
Resident Indians can open an RD account at ICICI Bank
Who to Apply for ICICI Bank RD Account?
There are three options to open RD account in ICICI Bank.
Visit Nearest Branch
One can directly visit the nearest ICICI bank branch to open the RD account.
ICICI Bank Internet Banking
- Log into www(dot)icicibank(dot)com using internet banking user ID and password
- Click on Open Fixed/Recurring deposit in 'My Accounts' section
- Click on open Recurring Deposit
ICICI Bank Mobile Application (iMobile)
- Log into iMobile using your four-digit login pin
- Click on the ‘Accounts & Deposits’ section and then click ‘Deposits (FD/RD)’ option
- Select ‘Open Recurring Deposit'.
Why Investing in SIP is Beneficial?
Systematic Investment plan (SIP) is a way to put your money in mutual funds. Investment can be done on a periodic Basis - daily, weekly, monthly or quarterly
You need to deposit a small amount of money at every interval. The minimum amount can be as low as INR 500
SIPs can help in all kinds of investment goals, whether short- or long –term, depending on the frequency of investment, funds chosen and other factors
SIPs offer flexible instalment plans of daily, weekly, monthly, quarterly etc.
Returns can be earned better here. The longer you invest via a SIP in mutual funds, especially in an Equity Fund, the higher are the chances to earn good returns
To Cancel SIP, the investors can simply close their investment and withdraw their money without any penal charges
Best Performing SIPs to Invest 2025
Here's a list of best performing SIP for an investment horizon above of five years and above
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) DSP US Flexible Equity Fund Growth ₹67.7396
↑ 0.40 ₹989 500 14.6 16.2 23 17.4 16.6 17.8 Franklin Asian Equity Fund Growth ₹31.6147
↓ -0.32 ₹270 500 8 12.3 11.3 7.9 3.1 14.4 ICICI Prudential Banking and Financial Services Fund Growth ₹129.98
↓ -0.36 ₹9,930 100 -2.1 12.3 6.5 15.4 18.9 11.6 Invesco India Growth Opportunities Fund Growth ₹98.98
↓ -0.83 ₹8,007 100 4 22.3 6.2 24.5 23 37.5 Motilal Oswal Multicap 35 Fund Growth ₹61.1164
↑ 0.04 ₹13,727 500 1.4 15.8 3.4 23 18.8 45.7 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹58.25
↓ -0.21 ₹3,497 1,000 -2.9 12.2 3.3 15 18.7 8.7 Kotak Standard Multicap Fund Growth ₹82.518
↓ -0.19 ₹53,293 500 -1.3 15.3 -0.2 16.2 18.2 16.5 Sundaram Rural and Consumption Fund Growth ₹98.6348
↓ -0.15 ₹1,576 100 3.2 14.6 -0.8 16.6 18.7 20.1 Mirae Asset India Equity Fund Growth ₹110.982
↓ -0.40 ₹39,975 1,000 -0.1 13.1 -1 12.9 15.9 12.7 Axis Focused 25 Fund Growth ₹53.94
↓ -0.33 ₹12,585 500 -0.5 13.5 -1.3 9.4 12.4 14.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Aug 25 Research Highlights & Commentary of 10 Funds showcased
Commentary DSP US Flexible Equity Fund Franklin Asian Equity Fund ICICI Prudential Banking and Financial Services Fund Invesco India Growth Opportunities Fund Motilal Oswal Multicap 35 Fund Aditya Birla Sun Life Banking And Financial Services Fund Kotak Standard Multicap Fund Sundaram Rural and Consumption Fund Mirae Asset India Equity Fund Axis Focused 25 Fund Point 1 Bottom quartile AUM (₹989 Cr). Bottom quartile AUM (₹270 Cr). Upper mid AUM (₹9,930 Cr). Lower mid AUM (₹8,007 Cr). Upper mid AUM (₹13,727 Cr). Lower mid AUM (₹3,497 Cr). Highest AUM (₹53,293 Cr). Bottom quartile AUM (₹1,576 Cr). Top quartile AUM (₹39,975 Cr). Upper mid AUM (₹12,585 Cr). Point 2 Established history (13+ yrs). Established history (17+ yrs). Established history (17+ yrs). Established history (18+ yrs). Established history (11+ yrs). Established history (11+ yrs). Established history (15+ yrs). Oldest track record among peers (19 yrs). Established history (17+ yrs). Established history (13+ yrs). Point 3 Top rated. Rating: 5★ (top quartile). Rating: 5★ (upper mid). Rating: 5★ (upper mid). Rating: 5★ (upper mid). Rating: 5★ (lower mid). Rating: 5★ (lower mid). Rating: 5★ (bottom quartile). Rating: 5★ (bottom quartile). Rating: 5★ (bottom quartile). Point 4 Risk profile: High. Risk profile: High. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 16.59% (lower mid). 5Y return: 3.09% (bottom quartile). 5Y return: 18.94% (top quartile). 5Y return: 23.04% (top quartile). 5Y return: 18.76% (upper mid). 5Y return: 18.69% (upper mid). 5Y return: 18.25% (lower mid). 5Y return: 18.66% (upper mid). 5Y return: 15.90% (bottom quartile). 5Y return: 12.43% (bottom quartile). Point 6 3Y return: 17.39% (upper mid). 3Y return: 7.87% (bottom quartile). 3Y return: 15.42% (lower mid). 3Y return: 24.55% (top quartile). 3Y return: 22.96% (top quartile). 3Y return: 14.98% (lower mid). 3Y return: 16.19% (upper mid). 3Y return: 16.63% (upper mid). 3Y return: 12.88% (bottom quartile). 3Y return: 9.38% (bottom quartile). Point 7 1Y return: 22.97% (top quartile). 1Y return: 11.30% (top quartile). 1Y return: 6.54% (upper mid). 1Y return: 6.20% (upper mid). 1Y return: 3.43% (upper mid). 1Y return: 3.34% (lower mid). 1Y return: -0.16% (lower mid). 1Y return: -0.75% (bottom quartile). 1Y return: -0.97% (bottom quartile). 1Y return: -1.30% (bottom quartile). Point 8 Alpha: -1.71 (bottom quartile). Alpha: 0.00 (lower mid). Alpha: -3.35 (bottom quartile). Alpha: 12.86 (top quartile). Alpha: 10.18 (top quartile). Alpha: -8.11 (bottom quartile). Alpha: 2.01 (upper mid). Alpha: -0.72 (lower mid). Alpha: 1.71 (upper mid). Alpha: 3.17 (upper mid). Point 9 Sharpe: 0.78 (top quartile). Sharpe: 0.57 (top quartile). Sharpe: 0.37 (upper mid). Sharpe: 0.28 (upper mid). Sharpe: 0.11 (upper mid). Sharpe: 0.09 (lower mid). Sharpe: -0.31 (bottom quartile). Sharpe: -0.27 (bottom quartile). Sharpe: -0.35 (bottom quartile). Sharpe: -0.23 (lower mid). Point 10 Information ratio: -0.40 (bottom quartile). Information ratio: 0.00 (lower mid). Information ratio: 0.18 (upper mid). Information ratio: 1.21 (top quartile). Information ratio: 0.80 (top quartile). Information ratio: 0.19 (upper mid). Information ratio: 0.24 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: -0.36 (bottom quartile). Information ratio: -1.12 (bottom quartile). DSP US Flexible Equity Fund
Franklin Asian Equity Fund
ICICI Prudential Banking and Financial Services Fund
Invesco India Growth Opportunities Fund
Motilal Oswal Multicap 35 Fund
Aditya Birla Sun Life Banking And Financial Services Fund
Kotak Standard Multicap Fund
Sundaram Rural and Consumption Fund
Mirae Asset India Equity Fund
Axis Focused 25 Fund
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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